Land Rover Defender depreciation: value by age
Value kept after 3 years
72%
- Loses 28% in 3 years.
- 2023 110 Standard AWD. New: $54,875. Now: $39,600.
- Median SUV at 3 years: 63% kept.
- Value now: KBB fair price.
| Model year | Age | Trim | Original MSRP | Value now | Source | Kept | Lost | Lost per year |
|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | 110 S AWD | $62,075 | $48,100 | KBB fair price | 77% | $13,975 | $6,988 |
| 2023 | 3 | 110 Standard AWD | $54,875 | $39,600 | KBB fair price | 72% | $15,275 | $5,092 |
| 2022 | 4 | 110 Standard AWD | $52,975 | $36,000 | KBB fair price | 68% | $16,975 | $4,244 |
| 2021 | 5 | 110 Standard AWD | $51,850 | $34,000 | KBB fair price | 66% | $17,850 | $3,570 |
| 2020 | 6 | 110 S AWD | $54,700 | $31,200 | KBB fair price | 57% | $23,500 | $3,917 |
- Biggest drop
- New to age 2: $6,988 a year.
- Values as of
- October 2026
KBB resale value by year
| Model year | 2023 | 2024 | 2025 | 2026 | 2027 KBB forecast | 2028 KBB forecast |
|---|---|---|---|---|---|---|
| 2024 | N/A | $57,481 | $52,606 | $45,200 | $38,850 | $33,612 |
| 2023 | $54,975 | $49,262 | $46,448 | $37,400 | $34,312 | $31,144 |
| 2022 | $51,974 | $43,445 | $36,413 | $34,000 | $31,192 | $28,313 |
| 2021 | $46,038 | $42,443 | $36,643 | $32,900 | $29,413 | $26,473 |
| 2020 | $34,367 | $34,702 | $29,966 | $29,400 | $26,100 | $23,359 |
KBB resale values. 2027 and 2028 are KBB forecasts.
What this cannot tell you
Values as of October 2026. KBB and CarGurus national figures.
Mileage and condition change the value.
- 2 or more sources
- 1 source
- Model-level, rule or estimate